D
Great Bay Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.50
Risk Adjusted
Capital Ratio #2
0.40
Loss
Ratio
78.88%
Total
Assets
28.72M
Capital
10.12M
Net
Premiums
4.61M
Net
Income
60.23K
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Weiss Ratings Great Bay Ins Co
Pleasantville, NJ 		Click to
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Rating D
Capitalization Index 2.30
Investment Safety Index --
Liquidity Index 5.50
Profitability Index 4.00
Reserve Adequacy Index 7.00
Stability Index 2.30
Company Info Great Bay Ins Co
Pleasantville, NJ 		Click to
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Industry P&C
NAIC Number 16620
Phone Number (609) 434-2000
Website www.greatbayinsurancegroup.com
Address 8025 Black Horse Pike Pleasantville, NJ 08232
Balance Sheet Great Bay Ins Co
Pleasantville, NJ 		Click to
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Total Assets 28.72M
Capital and Reserves Great Bay Ins Co
Pleasantville, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 0.50
Risk-Adjusted Capital Ratio #2 0.40
1-Year Reserve Development -570.00%
2-Year Reserve Development -140.00%
Capital 10.12M
Premium to Surplus 50.00%
Reserves to Surplus 10.00%
Investments Great Bay Ins Co
Pleasantville, NJ 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Great Bay Ins Co
Pleasantville, NJ 		Click to
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Medical Loss Ratio --
Cash From Underwriting 1,010.00%
Combined Ratio 90.00%
Expense Ratio 10.00%
Loss Ratio 78.88%
Net Premium Growth 1,280.00%
Other Medical Great Bay Ins Co
Pleasantville, NJ 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Great Bay Ins Co
Pleasantville, NJ 		Click to
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Net Income 60.23K
Net Premium 4.61M
Health Premium --